London Stock Exchange

General Mills Cuts Annual Profit Forecast On Promotions And Lower Prices

General Mills slashed its annual profit forecast on Wednesday as it ramped up investments in promotions to attract cost-conscious consumers.

Mondelēz International is exploring the acquisition of chocolate-maker Hershey, Bloomberg News reported on Monday.

Dollar Tree’s third-quarter profit and sales beat market expectations on Wednesday, as the CFO announced his intention to step down.

Remy Cointreau braced investors on Thursday for a bigger than expected fall in annual sales, citing weakness in its key US market.

Monster Beverage missed Wall Street estimates for third-quarter sales and profit as cost-conscious customers cut back on spending.

WK Kellogg bear Wall Street estimates for third-quarter revenue and profit on Thursday, driven by strong demand despite price hikes.

Molson Coors forecast lower full-year sales, suggesting that higher prices are denting demand for the company’s drinks, especially in the US.

Packaged food company Kellanova topped Wall Street estimates for Q3 sales on Thursday, driven by resilient demand despite rising prices.

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